Alpari - Analytics


859.25 6.25/10
73% of positive reviews

Daily analytical report (15/06/18)

  • What a move! The USD took us for a rollercoaster ride and boy was it a good one! First, the USD was stronger after the FOMC meeting, then weaker, and then stronger again. This was also due in part to the weakness of the EUR from the ECB's interest rate announcement. What a week!
  • The USDCAD pair finally broke the upper line of the ascending triangle, giving us a buy signal.
  • The USDCHF finally broke the upper line of the flag and the green horizontal resistance; this is a strong buy signal.
  • The EURUSD pair denied the triangle and went much lower. Now, we are seeing a bounce mostly caused by the long-term upwards trend line. A breakout could prove lethal.
  • The AUDUSD pair is having a great long-term sell signal. The price broke the upwards trend line, and then the lower line of the flag. Weekly candlesticks are very bearish and the potential target is huge!

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